But what's the cause? Some say it's due to Bernanke and his cheap money policies. Weather is also a clear contributor.
What's clear though is that while all soft commodities are higher, there's a lot of variation. In fact it's sugar, not wheat, that is really in historical nosebleed territory right now. Conversely, cocoa -- which gets tons of hype for being expensive and scarce thanks to the ructions in the Ivory Coast -- really haven't gone nearly as far.
So regardless of how much has to do with liquidity and cheap money, soft Read More at TheWebDaily.net